Skip to main content

Singapore office cements Loacker’s presence in Asia

Asia – Scrap metals processor Loacker Recycling of Austria is to open a subsidiary in Singapore. Loacker Recycling Asia will give the family-owned business what it calls ‘a foothold in the key Asian market’.

Loacker says the Singapore base will enable it ‘to continue processing production waste materials responsibly, and to secure the supply of raw materials’ in what it describes as ‘one of the world’s most important trading centres for secondary raw materials’.

The company’s ceo Karl Loacker comments: ‘We have been doing business with Asia for a long time, but a physical presence there will allow us to build up our network of contacts, meet customers face-to-face and leverage synergies more effectively. We provide the infrastructure that our customers need.’

Don't hesitate to contact us to share your input and ideas. Subscribe to the magazine or (free) newsletter.

You might find this interesting too

EU recyclers consider ‘future-fit policies’   
The future’s bright for steel scrap

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Subscribe now and get a full year for just €169 (normal rate is €225) Subscribe